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Dec 24, 2012
12/12
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at the u.s. government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the poor, mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing more quickly than the economy, larger than they have been in the past, and what we need to decide as a nation is, are willing to pay substantially higher taxes than we have in the past to pay for these programs? if we want to keep our current tax burdens, we need to figure out how to reduce those programs. medicare -- we are not talking about reducing benefits over the long term. we have a health care system over all that grows more quickly than the economy. economists do not have one reason why that happens. they are looking for all the reasons why that ha
at the u.s. government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the poor, mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing...
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Dec 27, 2012
12/12
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CSPAN
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host: if the u.s. government and american taxpayers go over the so called "fiscal cliff" what do you foresee for? the for? guest: the fiscal cliff is going to shave off about 4% of gdp, so that the national economic growth. currently is growing about 2%. you can do very simple mathematics. and we are back in a recession. we can anticipate 1 million or 2 million net job losses in 2013. it will be difficult for the housing market to continue its momentum without jobs. so we hope that this cliff can be averted. host: when you look at negotiations going on in washington, does your association have a favorable path towards achieving the fiscal cliff? guest: a $1 trillion budget deficit we have been running annually, that is unsustainable. something needs to be addressed. the shrinking of the time. we have, one has to get something done quickly and then a grand bargain as to get done in the springtime to fundamentally address the long- term budget deficit. but after get over the short- term obstacle. we're n
host: if the u.s. government and american taxpayers go over the so called "fiscal cliff" what do you foresee for? the for? guest: the fiscal cliff is going to shave off about 4% of gdp, so that the national economic growth. currently is growing about 2%. you can do very simple mathematics. and we are back in a recession. we can anticipate 1 million or 2 million net job losses in 2013. it will be difficult for the housing market to continue its momentum without jobs. so we hope that...
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515
Dec 31, 2012
12/12
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FOXNEWSW
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. >> the u.s. has just evacuated all personnel from benghazi to tripoli. >> this was something that was a concerted effort, well organizationed, heavily armed. >> you have the american president, the secretary of state and everybody else in the administration saying loudly that it was because of the video. >> what happened initially was, it was a spontaneous reaction to what had just transpired in cairo, as a consequence of the video. >> they threw the libyan president under the bus, he came out and said it's a terror attack and they said he doesn't know what he's talking about. >> a guy worried about the muslim world. >> an idea that somebody doesn't care is absolutely absurd. >> let us never ever forget that our freedom is only sustained because of people who are willing to fight for us. >> exactly two hours from now at 7 p.m. eastern, the first polls will close in six states. >> you cannot win as a republican, if you don't win ohio. >> and a point where none of this is making any sense, it's not
. >> the u.s. has just evacuated all personnel from benghazi to tripoli. >> this was something that was a concerted effort, well organizationed, heavily armed. >> you have the american president, the secretary of state and everybody else in the administration saying loudly that it was because of the video. >> what happened initially was, it was a spontaneous reaction to what had just transpired in cairo, as a consequence of the video. >> they threw the libyan...
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Dec 1, 2012
12/12
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CSPAN
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later, we will hear from the president of the european parliament on the eu and u.s. partnership. >> this morning, robert van order talks about the forgiveness of the mortgage debt relief act. then, we will look at the preparations for the 113th congress chris bradford stitch -- with bradford fitch. later, the
later, we will hear from the president of the european parliament on the eu and u.s. partnership. >> this morning, robert van order talks about the forgiveness of the mortgage debt relief act. then, we will look at the preparations for the 113th congress chris bradford stitch -- with bradford fitch. later, the
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Dec 23, 2012
12/12
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the u.s. economy is at stake here. millions upon millions of families are counting on us to do something. it is the president's job. it is his job to find a solution that can pass the congress. he is the only one who can do it. this is not john boehner's problem to solve. he has done his part. he has bent over backwards. mr. president, how about rallying the party around a solution? how about getting the democrats to find a solution? we cannot solve the problems we face unless and until the president of united states finds the will or develops the ability to lead. this is a moment that calls for presidential leadership. that is the way out of this. it is that simple. does anybody wonder why we keep going from crisis to crisis around here? does anybody notice a pattern? this does not have to be a crisis. this was an opportunity. once again, the president ignored it. he went out and held rallies and give partisan speeches even after it already been reelected. it is obvious this poinat this point that the president wants
the u.s. economy is at stake here. millions upon millions of families are counting on us to do something. it is the president's job. it is his job to find a solution that can pass the congress. he is the only one who can do it. this is not john boehner's problem to solve. he has done his part. he has bent over backwards. mr. president, how about rallying the party around a solution? how about getting the democrats to find a solution? we cannot solve the problems we face unless and until the...
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Jan 1, 2013
01/13
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one of the things i would like to pretend that is in 2012 the u.s. would actually develop a u.s. policy. some of this will develop this natural gas so and these unconventional things. >> a year relaxed about this whole a certain sum of the industry happening so fast. in the other part of the world there is the misgivings about this. >> relax is not the word i would have chosen chris has become an extraordinarily contentious issue. one of the reasons it has been contentious is because they're in packs. too often up until now many companies have tonight there are any impacts. the communities see their water contaminated not necessarily buy tractors but by spills on the surface. the cement casings i. they see their what you're getting contaminated. -- they see their what you're getting contaminated. i visited in pennsylvania 30 minutes out of pittsburgh as part of president obama appointed seven of us to chart a safe path forward. i had a woman who said she was forced to abandon her family farm because of the noxious emissions from the neighboring wells. her son in order to continue
one of the things i would like to pretend that is in 2012 the u.s. would actually develop a u.s. policy. some of this will develop this natural gas so and these unconventional things. >> a year relaxed about this whole a certain sum of the industry happening so fast. in the other part of the world there is the misgivings about this. >> relax is not the word i would have chosen chris has become an extraordinarily contentious issue. one of the reasons it has been contentious is...
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93
Dec 30, 2012
12/12
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FBC
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now he is leaving it up to the two leaders in the u.s. senate try to reach a compromise. something perhaps along the line of what is being negotiated between the speaker and the president a couple of weeks ago. perhaps a tax increase for amounts of more than $400,000 or $500,000 per year. also, senate leaders want to includsomething on the este tax, according to a white house official. we'll can also be key to this is that the white house officials are also telling fox news and ed henry that it appears as though the debt ceiling is not part of that. this is a huge nonstarter for republicans in the house. they want any dollar and increase of the debt ceiling to also invol a dollar in cuts over 10 years. if they don't have those corresponding cuts, it is unlikely that many of them will vote for an increase in the debt ceilin removing them from the equation helps pave the way, at least for what will really be described as a stopgap proposal, one to avoid the full impact of the fiscal cliff. it will allow congress to again take another crack at finding some way to deal with s
now he is leaving it up to the two leaders in the u.s. senate try to reach a compromise. something perhaps along the line of what is being negotiated between the speaker and the president a couple of weeks ago. perhaps a tax increase for amounts of more than $400,000 or $500,000 per year. also, senate leaders want to includsomething on the este tax, according to a white house official. we'll can also be key to this is that the white house officials are also telling fox news and ed henry that it...
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Dec 31, 2012
12/12
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FBC
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check u.s. futures as well as how trading taking place overseas. futures in the united states in positive territory. s&p as well as the dow could be down dramatically. let's day can a look at hong kong, the hang seng is actually down, here is what we'll know more of the outlook for the first quarter has for some time anticipated a significant slowdown in response to the fiscal drag and fiscal debate. we're not to alter the forecast. they sent a note to their clients. virtual standing by live on capitol hill to see if there is something coming out of washington, d.c. >> reporter: good evening. talks are continuing this evening between the vice president joe biden and mitch mcconnell. they were making some sense of progress there. this is after two stop soldiers, mitch mcconnell and harry reid failed to make much progress through tonight and this morning. harry reid went home earlier this yeeng and biden and mcconnell were taking point on the negotiations. they worked out a deal couple years ago for unemployment insurance that cut the social security
check u.s. futures as well as how trading taking place overseas. futures in the united states in positive territory. s&p as well as the dow could be down dramatically. let's day can a look at hong kong, the hang seng is actually down, here is what we'll know more of the outlook for the first quarter has for some time anticipated a significant slowdown in response to the fiscal drag and fiscal debate. we're not to alter the forecast. they sent a note to their clients. virtual standing by...
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Dec 31, 2012
12/12
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FBC
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we will go up in u.s. stock market, but we will see even bigger percentage rises in both china and india. gerri: all right. when you look at this the thing folks are seeing a $600 billion hit to the economy. higher taxes, lower government spending. gerri: we are probably going to see amid cycle slowdown. importantly valuations are not that attractive. the bond market is really in a bowl. stocks are up 20-25% depending upon which markey looking at. we would say in 2013 whereas in 2012 the issue was still be -- guard against not being optimistic enough. we think in 20131 must guard against being too optimistic. gerri: oh boy. to you. has there been a little complacency in the market? will we have seen is the market's trading down on fiscal cliff talk that has been moving on that. you're bullish. where do you think the stocks will be rising on? we will be the news that will compel the stocks higher. >> love it is really the healing of the global economy. now that you are starting out of china and india stabil
we will go up in u.s. stock market, but we will see even bigger percentage rises in both china and india. gerri: all right. when you look at this the thing folks are seeing a $600 billion hit to the economy. higher taxes, lower government spending. gerri: we are probably going to see amid cycle slowdown. importantly valuations are not that attractive. the bond market is really in a bowl. stocks are up 20-25% depending upon which markey looking at. we would say in 2013 whereas in 2012 the issue...
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Dec 28, 2012
12/12
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WETA
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shares of u.s. airways fell more than 2%. irthn rl iaispaline e ace, the federal communications commission says it has established rules that will make it easier for companies to offer internet service on board airplanes. but shares of the major airlines were all down. maectronic arinnepartp rshi gthn g inpartnership with gun manufacturers as the cpapany tries to distance itself from the real-world sale of assault weapons. shares fell slightly to just below $14. and in the oil markets, crude prices posted their largest he weekly gain since august. an industry report showed that u.s. stockpiles fell last week. a barrel of oil now sells for just under $91. and finally, wrapping up the mo aively traded e.t.f.s. the ipath s&p 500 v.i.x. saw a nice bounce of just over 5%. and that's tonight's "market focus."tr >> susie: our "market monitor" tonight says that going over the fiscal cliff doesn't mean stocks will go down. he's tom herzfeld, president of thomas herzfeld advisors. >> tom you saw today thereactioe worries of the fiscal
shares of u.s. airways fell more than 2%. irthn rl iaispaline e ace, the federal communications commission says it has established rules that will make it easier for companies to offer internet service on board airplanes. but shares of the major airlines were all down. maectronic arinnepartp rshi gthn g inpartnership with gun manufacturers as the cpapany tries to distance itself from the real-world sale of assault weapons. shares fell slightly to just below $14. and in the oil markets, crude...
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Dec 1, 2012
12/12
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MSNBCW
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>> they went out to get a quorum. >> what would u.s. senators do, get on a barge outside of the territorial waters? >> the other thing is scott walker won that election. you should use every procedural mechanism to fight policies that are bad. i support it, if it's in the rules, fine. scott walker won that, he won recall. akil, where's the constitution on this? >> the constitution is in favor of majority rule. the filibuster is not deep in the dna of the senate. in the entire period before the civil war name me one time when any major bill was prevented from being voted upon at the end of the day by the minority. there is not one. thomasever actually said majority rule is the basic rule. the compromise of 1850 when the senate got a bare majority of free states, when california came in without an offsetting slave state, that made all the difference because here's the balance between majority rule and minority right. minorities should be able to speak, they should be able to make amendments and heard courteously, and then we should take a
>> they went out to get a quorum. >> what would u.s. senators do, get on a barge outside of the territorial waters? >> the other thing is scott walker won that election. you should use every procedural mechanism to fight policies that are bad. i support it, if it's in the rules, fine. scott walker won that, he won recall. akil, where's the constitution on this? >> the constitution is in favor of majority rule. the filibuster is not deep in the dna of the senate. in the...
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Dec 29, 2012
12/12
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WJZ
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shares of u.s. airways fell more than 2%. also in the airline space, the federal communications commission says it has established rules that will make it easier for companies to offer internet service on board airplanes. but shares of the major airlines were all down. electronic arts is ending its marketing partnership with gun manufacturers as the company tries to distance itself from the real-world sale of assault weapons. shares fell slightly to just below $14. and in the oil markets, crude prices posted their largest weekly gain since august. an industry report showed that u.s. stockpiles fell last week. a barrel of oil now sells for just under $91. and finally, wrapping up the most actively traded e.t.f.s. the ipath s&p 500 v.i.x. saw a nice bounce of just over 5%. and that's tonight's "market focus." >> susie: our "market monitor" tonight says that going over the fiscal cliff doesn't mean stocks will go down. he's tom herzfeld, president of thomas herzfeld advisors. >> tom you saw today thereaction in the markets on th
shares of u.s. airways fell more than 2%. also in the airline space, the federal communications commission says it has established rules that will make it easier for companies to offer internet service on board airplanes. but shares of the major airlines were all down. electronic arts is ending its marketing partnership with gun manufacturers as the company tries to distance itself from the real-world sale of assault weapons. shares fell slightly to just below $14. and in the oil markets, crude...
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Dec 7, 2012
12/12
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CSPAN
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if all the sudden u.s. treasuries were downgraded, wouldn't that have a pretty significant the fact on where we are relative to the avalanche? >> if there is downgraded treasury debt, this would likely trigger other downgrades. bank debt, they will get downgraded. jpmorgans of the world. money managers have in their relationship with their clients agreements not to invest in bonds that have rates below a certain grade. they will have to divest themselves because of the downgrades. this will cause problems in the credit markets. the credit markets will ultimately adjust. the reality has not changed. you will see hedge funds and private equity firms, but that is the process. it will take time. between now and then, it will create a greater amount of turmoil. it is what this means. it means that we do not have the political will to nail this thing down. and we will not. people will recognize that and we will go nowhere. >> if you want to preserve the entitlement, get us to balance. >> get us to sustainability.
if all the sudden u.s. treasuries were downgraded, wouldn't that have a pretty significant the fact on where we are relative to the avalanche? >> if there is downgraded treasury debt, this would likely trigger other downgrades. bank debt, they will get downgraded. jpmorgans of the world. money managers have in their relationship with their clients agreements not to invest in bonds that have rates below a certain grade. they will have to divest themselves because of the downgrades. this...
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Dec 6, 2012
12/12
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CSPAN2
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i never thought i'd be a u.s. senator. that opportunity presented itself partially as a result two things were able to accomplish and is the speaker of the florida house. i think the same principle applies. who knows, and maybe the commissioner commissioner of the nfl. they keep putting that out in the hopes that they'll say hey, will interview this guy. >> so we likely to run for president? >> i have no idea. i just don't know. right now i'll focus on being a good u.s. senator, moving forward on public policy in a few years i'll have an opportunity to decide what i want to run for reelection, run for something else to go home and get someone else a shot. >> were about to get that here, why did mitt romney lose? i think florida is a very come tentative state. issues the political observer, the obama turnout. there's this restaurant near the church that we go to, a catholic church that right next door is a storefront, obama for america organizing before the election, seen what are they doing? what could they possibly be doi
i never thought i'd be a u.s. senator. that opportunity presented itself partially as a result two things were able to accomplish and is the speaker of the florida house. i think the same principle applies. who knows, and maybe the commissioner commissioner of the nfl. they keep putting that out in the hopes that they'll say hey, will interview this guy. >> so we likely to run for president? >> i have no idea. i just don't know. right now i'll focus on being a good u.s. senator,...
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1.1K
Dec 21, 2012
12/12
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FBC
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the u.s. ambassador to russia says he is concerned with the kremlin's response to u.s. human rights law. the russian parliament voted overwhelmingly to ban americans from adopting russian children. to impose visa band and asset freezes, and north korea detained an american citizen, the rogue nation unspecified crimes -- >> we are awaiting president obama, expecting him to speak in a few moments. we are keeping a close eye on it. what we say about the fiscal cliff. we will bring that live as it happens but in the meantime it is not just energy stocks getting hit by the gridlock, oil prices tumbling on track to snap a five day rally. phil flynn of price futures group is in the pits of the cme. whaa is going on down there? traders losing confidence in the economy and washington and the planet? phil: i don't think they have confidence in washington to begin with that they're losing confidence that we can get a fiscal cliff deal done. with plan b failing pretty miserably, a lot of traders can't see a scenario where this can get done. you can bet they're going to see what the
the u.s. ambassador to russia says he is concerned with the kremlin's response to u.s. human rights law. the russian parliament voted overwhelmingly to ban americans from adopting russian children. to impose visa band and asset freezes, and north korea detained an american citizen, the rogue nation unspecified crimes -- >> we are awaiting president obama, expecting him to speak in a few moments. we are keeping a close eye on it. what we say about the fiscal cliff. we will bring that live...
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64
Dec 30, 2012
12/12
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FBC
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eye 64
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then there are restrictions on u.s. exporters, lower tariffs in good deal for them. awaiting the attention of lawmakers and again, they are not even paying any attention. and today, they are threatening to do something with the hurricane sandy relief bill. the hurry up and get it done attitude of small-business owners. a 9foot wave of flood water hit her store. she has picked up the pieces and opened her doors for business. despite losing all her equipment and furnishings, her insurance denied her claim a she got no lp from the government. take a look at ths. they got her back in the business. it pretty awesome, right? the party of procrastination can take a lesson from the small-business oer in staten island, w york. congress has nothing to show for itself after two years. coming up next, how the massive gains in the fiscal cliff could impact your 401k and the economy. stay with us gerri: you make it, they take it. 23.8% is the raise that policymakers will see on capital gains. chris edwards joins me now. he is director for tax policy studies at the cato institute.
then there are restrictions on u.s. exporters, lower tariffs in good deal for them. awaiting the attention of lawmakers and again, they are not even paying any attention. and today, they are threatening to do something with the hurricane sandy relief bill. the hurry up and get it done attitude of small-business owners. a 9foot wave of flood water hit her store. she has picked up the pieces and opened her doors for business. despite losing all her equipment and furnishings, her insurance denied...
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114
Dec 23, 2012
12/12
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eye 114
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at the u.s. government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the fourpo mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing more quickly than the economy, larger than they have been in the past, and what we need to decide as a nation is, are willing to pay substantially higher taxes than we have in the past to pay for these programs? if we want to keep our current tax burdens, we need to figure out how to reduce those programs. medicare -- we are not talking about reducing benefits over the long term. we have a health care system over all that grows more quickly than the economy. economists do not have one reason why that happens. they are looking for all the reasons why that h
at the u.s. government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the fourpo mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing...
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90
Dec 29, 2012
12/12
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FBC
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eye 90
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that is what they're doing in japan in the u.s. that is what is using the market . tom: you are kind of a macro guy. you looked at the broad market place. i have to ask you. is the marketplace bigger than washington to act even though they are dunderheads down their running the place, and i know they make a lot of policy. and we, the media, give them a lot of attention. doesn't the market cycle override what they can do? >> this is a global collapse. pick up today's wall street journal. read what's going on in amsterdam with prime property being vacant. look at what is going on in spain. millions of people taking to the streets. they still call it a recession with 25 percent unemployment in spain, greece. things are getting worse everywhere. the austerity measures, what austerity measures? i got one. make a story. i'll make a bad bet. i don't want to take my losses. of take the money from you, mr. citizen. of tax you more, cat your services. what you do did you will pay more for my note that your pension and benefits. tom: how does all this in? we wind up with pitch
that is what they're doing in japan in the u.s. that is what is using the market . tom: you are kind of a macro guy. you looked at the broad market place. i have to ask you. is the marketplace bigger than washington to act even though they are dunderheads down their running the place, and i know they make a lot of policy. and we, the media, give them a lot of attention. doesn't the market cycle override what they can do? >> this is a global collapse. pick up today's wall street journal....
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871
Dec 29, 2012
12/12
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WETA
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the u.s. re-examined its role abroad and a second term president claimed it. we look ahead to what happens next with michael duffy of "time" magazine. john harwood of cnbc and the "new york times." doyle mcmanus of the "los angeles times" and karen tumulty of "the washington post." >> covering history as it happens. live from our nation's capital. this is "washington week" with gwen ifill, produced in association with national journal. corporate fuppeding for "washington week" is provided by -- -- corporate funding for "washington week" is provided by -- >> wherever our trains go, the economy comes to life. norfolk southern, one line, infinite possibilities. >> we know why we're here, to chart a greern path in the air and in our factories. >> to find cleaner, more efficient ways to power flight. >> and harn es -- harness our technology for new energy solutions. >> the people of boeing are looking to tomorrow to build a better tomorrow. >> that's why we're here. >> additional corporate funding is provided by -- prudential financial. additional funding is provid
the u.s. re-examined its role abroad and a second term president claimed it. we look ahead to what happens next with michael duffy of "time" magazine. john harwood of cnbc and the "new york times." doyle mcmanus of the "los angeles times" and karen tumulty of "the washington post." >> covering history as it happens. live from our nation's capital. this is "washington week" with gwen ifill, produced in association with national journal....
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138
Dec 31, 2012
12/12
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FBC
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if i'm a u.s. citizen and say i invest in another country, when i sell that investment do i pay the capital gain to that country or do i pay it in the united states since i'm a citizen of the u.s.? >> pay both but then you get what is called a foreign tax credit for your foreign taxes paid. basically the u.s. treasury taxes you on "your world"wide income. however, it does ccedit you for some of the foreign taxes you've paid. adam: would the credit, would the credit, wouldn't that minimize the impact of the increase here in the united states? or is it the other direction and forces investors to seek invests overseas as opposed to here where they pay the higher capital-gains tax rate? >> what is important here we want foreign investors to come to the united states and invest in our growth companies and our high-tech companies. if we have a high capital-gains tax rate it will hit those foreign investors. so we want, investment money flowing into the united states. if we have high tax rates we'll be sc
if i'm a u.s. citizen and say i invest in another country, when i sell that investment do i pay the capital gain to that country or do i pay it in the united states since i'm a citizen of the u.s.? >> pay both but then you get what is called a foreign tax credit for your foreign taxes paid. basically the u.s. treasury taxes you on "your world"wide income. however, it does ccedit you for some of the foreign taxes you've paid. adam: would the credit, would the credit, wouldn't...
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165
Dec 6, 2012
12/12
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CURRENT
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he said the u.s. deficit and debt will fall, social security will go on unharmed and we'll go back to tax rates that were better than the current ones. what do you think? >> i certainly don't want something that will put us into a recession. that's more republican thinking. but i think ultimately pugh has a pole saying 53% of the american people will blame republicans, to which i can only imagine republicans saying, oh we're finally ahead in a poll. boner is like a slug there is a bright orange trail of cheat toe dust and bronzer leading from his office. >> stephanie: okay. here you go. >> so many people are going to part-time work and being hurt. everyone i know is already seeing cutbacks, and the economy is going to be disastrous and only going to get worse under obama. >> stephanie: by the way that was dexter von frisch? >> it was. >> stephanie: he just screams at ann coulters voice? >> it's like an earthquake he just screams before it happens. >> stephanie: kids carbonite backs up everything for y
he said the u.s. deficit and debt will fall, social security will go on unharmed and we'll go back to tax rates that were better than the current ones. what do you think? >> i certainly don't want something that will put us into a recession. that's more republican thinking. but i think ultimately pugh has a pole saying 53% of the american people will blame republicans, to which i can only imagine republicans saying, oh we're finally ahead in a poll. boner is like a slug there is a bright...
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Dec 11, 2012
12/12
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CURRENT
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renewables in the system, and it will put us on the trajectory towards much more clean energy in the u.s. >> eliot: take from this an enormous range of options for the president. i want to touch on one or two other areas in a moment, but the media focuses so much on congress and the dynamics between the president and congress. the public seems to think that's all that goes on. as you said at the top of the segment, the power of the presidency is so much more expansive than what people see if you merely watch capitol hill. >> i think i was somewhat critical of the white house structure in the first term because i think that they really told the story and defined the presidency almost like the president was the prime minister, that his relationship with the american public was completely set through the lens of dealing with the congress. i think there is so much more to the presidency. take healthcare. you know, he put so much energy into passing the affordable care act, but now the real work gets done. putting in place the state exchanges, the federal exchange, moving the delivery system
renewables in the system, and it will put us on the trajectory towards much more clean energy in the u.s. >> eliot: take from this an enormous range of options for the president. i want to touch on one or two other areas in a moment, but the media focuses so much on congress and the dynamics between the president and congress. the public seems to think that's all that goes on. as you said at the top of the segment, the power of the presidency is so much more expansive than what people see...
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the u.s. snalt gets back to work right about now. the house has been in session for about an hour now. senate leaders are the ones trying to hammer out a deal picking tax break ceilings, trying to lessen the impact of spending cuts. there are still major obstacles to pass. but this morning we're hearing that progress is being made. we'll have more on that and the fiscal cliff negotiations in a minute. >>> first, i want to show you the rest of the world is ringing in the new year. midnight arrived in asia. they are calling it a pyre tech nick musical. they were scheduled to begin an hour before midnight. hong kong on the top ten places to ring in the new year. let's listen. ♪ ♪ ♪ ♪ >>> ring in the new year, good morning 2013. we'll continue to monitor all of these celebrations as the day rolls on. the night rolls on in some cases. midnight in the u.s. is the big fiscal cliff deadline. there are two fronts we are watching today. capitol hill and wall street. let's see if there's any movement on capitol hill. stock markets movin
the u.s. snalt gets back to work right about now. the house has been in session for about an hour now. senate leaders are the ones trying to hammer out a deal picking tax break ceilings, trying to lessen the impact of spending cuts. there are still major obstacles to pass. but this morning we're hearing that progress is being made. we'll have more on that and the fiscal cliff negotiations in a minute. >>> first, i want to show you the rest of the world is ringing in the new year....
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Dec 31, 2012
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the u.s. personnel we have thousands of people serving overseas. you have this incredibly damming report and internal report not even outside analysis. the president is saying sloppiness is what his quote was to us today. that's just inexcusable. >> well, i am sure that the families of those who were killed would agree with you. congressman jason chaffetz thank you for being with us this evening. >> thank you, judge. >>> coming up more on the so-called resignation of four from the state department with former state department insider. and later, russian president vladimir putin makes it illegal, that's what i said, illegal for americans to adopt russian orphans. this was the hole my waist was on. but since i've been on alli, am i on this one? nope. am i on this one? no, no, no, no, no. i am on this one. [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. belt-friendly. let's fight fat w
the u.s. personnel we have thousands of people serving overseas. you have this incredibly damming report and internal report not even outside analysis. the president is saying sloppiness is what his quote was to us today. that's just inexcusable. >> well, i am sure that the families of those who were killed would agree with you. congressman jason chaffetz thank you for being with us this evening. >> thank you, judge. >>> coming up more on the so-called resignation of four...
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Dec 31, 2012
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the impact will be felt in just about every aspect of the u.s. economy, especially u.s. manufacturing. let's bring it n president of power systems. also david watham. they make a wide range of manufacturing product from packaging to containers. both of you, great to have you with us today. david, to you first of all. i don't know if you've been listening to the tv or radio or hearing about the headlines or the contours of the deal arising right now. what does it mean for your business? >> first off, i'm optimistic because it is a step in the right direction. all it is, is a step. big stuff to work on. >> that said and i talk a lot to counter parts, we are all operating in this mode we are in flat economies and a few bright spots around and you jump on those and anything with the solution, is pretty short term and there is a lot bigger stuff to do before we can grow the u.s. i'm a big optimist on the u.s. but we have work to do. >> david, in the lead up to this fiscal cliff deadline, a lot of ceos we have spoken to have said, just the uncertainty that the tax rates will b
the impact will be felt in just about every aspect of the u.s. economy, especially u.s. manufacturing. let's bring it n president of power systems. also david watham. they make a wide range of manufacturing product from packaging to containers. both of you, great to have you with us today. david, to you first of all. i don't know if you've been listening to the tv or radio or hearing about the headlines or the contours of the deal arising right now. what does it mean for your business? >>...
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Dec 28, 2012
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they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because both sides are involved in a high stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at wah he proposes but the truth is we are coming up against a hard deadline and as i said this is a conversation we should have had months ago. >> reporter: democrats want to extend the bush-era tax cuts to everyone except those americans making $250,000 or more a year. many republicans are against any tax increases. most americans just want something to be done. >> people are just tired of partisanship and they want everyone to come together. >> reporter: if lawmakers don't reach a deal by january 1, many eco
they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because both sides are involved in a high stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should...
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the u.s. personnel we have thousands of people serving overseas. you have this incredibly damming report and internal report not even outside analysis. the president is saying sloppiness is what his quote was to us today. that's just inexcusable. >> well, i am sure that the families of those who were killed would agree with you. congressman jason chaffetz thank you for being with us this evening. >> thank you, judge. >>> coming up more on the so-called resignation of four from the state department with former state department insider. and later, russian president vladimir putin makes it illegal, that's what i said, illegal for americans to adopt russian orphans. >> four individuals in the state department high level were going to lose their jobs if the secretary had accepted a resignation of eric boswell for example one of the heads of the security when the truth is he resigned in that position but he has his portfolio includes other positions within the state department. he hasn't been punish
the u.s. personnel we have thousands of people serving overseas. you have this incredibly damming report and internal report not even outside analysis. the president is saying sloppiness is what his quote was to us today. that's just inexcusable. >> well, i am sure that the families of those who were killed would agree with you. congressman jason chaffetz thank you for being with us this evening. >> thank you, judge. >>> coming up more on the so-called resignation of four...
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we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing strong leadership in the first ten months of the year. what we've reason seen is now foreign markets picking up the slack. so i would say when we look into 2013, the opportunities most likely exist outside the united states, not in the u.s. >> outside of the united states is a large geographic area. can you narrow it down for us? like asia, europe, emerging frontier, what is it? >> of course, mandy. and that's part of the asset selection you have to do. for us one of the best areas we've seen has been in emerging market debt. it started out many years ago with the bricks and recently we've moved in the last five or six years to the n-11. by looking at those markets where we can have sovereign debt and corporate debt and relying on a good fund like the fidelity emerger. >> peter, i'm interested in what is going to be the key driver of the markets overall. i'm kind of sick of politics being the driver. right? because it means we're not driven by fun
we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing strong leadership in the first ten months of the year. what we've reason seen is now foreign markets picking up the slack. so i would say when we look into 2013, the opportunities most likely exist outside the united states, not in the u.s. >> outside of the united states is a large geographic area. can you narrow it down for us? like asia, europe, emerging frontier, what is it?...
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Dec 24, 2012
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u.s. that's the assessment of three officials in south korea's defense ministry based on assessment of a part they recovered from one of the rockets. it shows the nuclear neighbor's intent. >>> president obama has not even nominated former senator chuck hagel as his choice for secretary of defense, but haggle taking heat over his past positions on iran and 2007 interview when he said "jewish loe lobby intimidated lawmakers." >> i would have serious questions to ask him, not just about israel, but to me the most significant foreign policy challenge for president obama and our world is iran. nuclear weapons program. chuck hagel has had some very outlying votes on that. >> i don't think he's going to get many republican votes. i like chuck, but his positions, i really didn't know all of them, frankly well out of the main street and to left of the president. >> he is the subject of a new ad opposing his nomination as defense secretary. dana, what do you think? he might not sail through like jo
u.s. that's the assessment of three officials in south korea's defense ministry based on assessment of a part they recovered from one of the rockets. it shows the nuclear neighbor's intent. >>> president obama has not even nominated former senator chuck hagel as his choice for secretary of defense, but haggle taking heat over his past positions on iran and 2007 interview when he said "jewish loe lobby intimidated lawmakers." >> i would have serious questions to ask him,...
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Dec 21, 2012
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actress and native kentuckyian ashley judd has not decided if she'll run for u.s. senate in 2014 but senate minority leader mitch mcconnell already has numbers that are turning heads. his campaign conducted internal polling showing judd narrowly trails mcconnell by just four points. the campaign also singled out some of judd's statements and positions on things like coal, abortion, and obama care. they believe will hurt her chances in the solidly red blue grass state. their numbers show mcconnell's lead shooting up to 20 points after people found out that information. former nebraska senator chuck haggle's position on gay rights is, quote, unacceptable according to the human rights campaign. the organization is the latest group to speak out against the former senator who is being considered by president obama for defense secretary. in a statement the human rights campaign said it is, quote, critically important that the new secretary of defense is supportive of open service, lesbian and gay military families, and the community as a whole. we're moments away from a
actress and native kentuckyian ashley judd has not decided if she'll run for u.s. senate in 2014 but senate minority leader mitch mcconnell already has numbers that are turning heads. his campaign conducted internal polling showing judd narrowly trails mcconnell by just four points. the campaign also singled out some of judd's statements and positions on things like coal, abortion, and obama care. they believe will hurt her chances in the solidly red blue grass state. their numbers show...
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Dec 16, 2012
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three years ago, mckinsey showed by 2020, the u.s. could reduce non-transport energy consumption by 1/4. it would pay back more than $1 trillion in savings. the report found the nation could save money by cutting energy consumption by 30% and produce the same amount of goods and services. we have calculated hundreds of measures currently available could reduce energy consumption by 1/2 by 2013. the cost savings would be twice the dollar amount investment. these reports suggest to realize the potential, public policy is necessary. a leading example of success is the commercial building partnership sponsored by the department of energy. its partners with owners and operators on new buildings and retrofits resulting in compelling results. one project cut energy consumption by 35% at the target store. they are now busy replicating that enterprise-wide. at the support facility where i have my office, there is another example of how much can be accomplished when efficiency is a fundamental attribute of the building design. net 0the world's
three years ago, mckinsey showed by 2020, the u.s. could reduce non-transport energy consumption by 1/4. it would pay back more than $1 trillion in savings. the report found the nation could save money by cutting energy consumption by 30% and produce the same amount of goods and services. we have calculated hundreds of measures currently available could reduce energy consumption by 1/2 by 2013. the cost savings would be twice the dollar amount investment. these reports suggest to realize the...
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. >> but if the u.s. economy was to suffer the downside risk of not reaching a comprehensive deal, then growth would be zero. >> a lot of time, our politicians they we don't know what will happen, this and that, and the energy needs, emerging democracies, industrialized nations, et cetera, what do you think is the biggest threat from the outside to the u.s. economy? >> the fiscal cliff. >> well, first of all, i think there are issues that are beginning to improve, and you know, whether you look at the euro zone, making progress, but certainly improving, and with good numbers, because if you look at the aggregate euro zone deficit or debt, those numbers are better. china's numbers have improved lately, and you have political stability back. so the volatility of the instability factors that are outside have reduced overtime. the real threat that we have is here, with us, and that can be addressed. >> but when you look at -- i understand that bangs being downsides our down afraided, you have more than 11% un
. >> but if the u.s. economy was to suffer the downside risk of not reaching a comprehensive deal, then growth would be zero. >> a lot of time, our politicians they we don't know what will happen, this and that, and the energy needs, emerging democracies, industrialized nations, et cetera, what do you think is the biggest threat from the outside to the u.s. economy? >> the fiscal cliff. >> well, first of all, i think there are issues that are beginning to improve, and...
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with the u.s. closer to diving off the cliff than ever, monday is shaping up to be a pivotal day for the markets. should you, should an investor look for their emergency parachute, or should you stic this thing out? joining us right now, jonathan hoenig, portfolio manager at capitalist pig.com. spencer patton, chief investment officer at steel vine investments. jonathan, i have no choice but to stick it out. i'm a poor slob with a 401(k). so what do i do? i stick it out, right? >> well, what the president is putting you through, adam, what harry reid is putting you through, harry reid thinks the next 20 four hours are important? you're supposed to as investor be thinking long term. to leave this down to the last minute like this is cruel and is a distic to investors. one of the reasons you saw the tremendous drop today. you mentioned monday night being volatile. that is holiday day. it is thinly traded. with the fiscal cliff literally occurring you can bet it will be extremely volatile sunday and m
with the u.s. closer to diving off the cliff than ever, monday is shaping up to be a pivotal day for the markets. should you, should an investor look for their emergency parachute, or should you stic this thing out? joining us right now, jonathan hoenig, portfolio manager at capitalist pig.com. spencer patton, chief investment officer at steel vine investments. jonathan, i have no choice but to stick it out. i'm a poor slob with a 401(k). so what do i do? i stick it out, right? >> well,...
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Dec 1, 2012
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because in the u.s. our educational rates are at such a level where folks are not go tock filling those jobs. so we need folks to fill all sorts of jobs and it should not be mutually exclusive. >> victoria fran chess co-soto, thank you for joining me on this friday night. >> good evening . >> the best idea politics has come up with in a long, long come up with in a long, long time. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. part of a whole new line of tablets from dell. it's changing the conversation. ♪ >>> at the beginning of tonight's show we went through the white house's opening bid on the debt ceiling. you remember? $1.6 trillion in tax increases. 600 billion in spending cuts. 200 billion in new stimulus. and a very clear message to the republicans. if
because in the u.s. our educational rates are at such a level where folks are not go tock filling those jobs. so we need folks to fill all sorts of jobs and it should not be mutually exclusive. >> victoria fran chess co-soto, thank you for joining me on this friday night. >> good evening . >> the best idea politics has come up with in a long, long come up with in a long, long time. so we celebrate our year-end with the "share the love" event. get a great deal on a...
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>> i volunteered to go to vietnam, it was an advisory effort, it was not leading u.s. combat troops. a lot of people told me i was crazy. what are you doing this for? there is no career enhancement for you going over there and advising them and that sort of thing. i told them they don't understand. it is a sense of duty. i'm an instrument of war. i was not articulating my possession well. -- my position very well. then i saw "ben franklin in paris" and this wonderful last scene where ben franklin stands up about how will i find those americans then. will they love liberty given it to their crib for nothing. if you are not free you are lost without hope. and are they willing to die for it? that is one question that you have to ask, are you willing to die for it and the answer must be, yes, sir, i would. that is why i was going to vietnam. i have never forgotten those words. >> there's another point where you talk about the civilians in washington seeing too many rambo movies. >> there was an element pressuring, i felt, for us to take action when we were not prepared to
>> i volunteered to go to vietnam, it was an advisory effort, it was not leading u.s. combat troops. a lot of people told me i was crazy. what are you doing this for? there is no career enhancement for you going over there and advising them and that sort of thing. i told them they don't understand. it is a sense of duty. i'm an instrument of war. i was not articulating my possession well. -- my position very well. then i saw "ben franklin in paris" and this wonderful last scene...
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-- damage the u.s. economy? since i've lost weight i have so much more energy than i used to, when i'm out with my kids, my daughter's like, "mom, wait up!" and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. learn more, lose more at letsfightfat.com. they don't help single moms. hi! hi! [ sarah ] what happened to our house last year? [ daughters ] it flooded and the water flooded out. yeah. [ sarah ] the red cross arranged the hotel for us. they gave me that break, that leverage, to be able to get it together and take care of them. you know? i feel like we've come full circle. [ daughter 1 ] like that! [ daughter 2 ] this is how i'll do it. [ sarah ] there you go. >> bret: peter lanza the father of newtown shooter adam lanza claimed his son's body. no word when they were claimed or
-- damage the u.s. economy? since i've lost weight i have so much more energy than i used to, when i'm out with my kids, my daughter's like, "mom, wait up!" and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. learn more, lose more at...